unless that was a rounding errorThe Manhattan loft #5NE at 9 Murray Street that sold in August is not a perfect match for the neighboring unit #11NE that sold in April, but the two units are very close siblings. The…
Tag: 2004
366 Broadway loft sells up 10% over 2004 but flat to 2007
almost prize-winning seller wins by selling at almost his purchase priceSticking with that theme from last week of how is the Manhattan loft market niche doing compared to 2007?, the Manhattan loft #7B at 366 Broadway (the Collect Pond House)…
Tagged with: 1980s, 1997, 2004, 2007, broadway, Collect Pond, Five Points, Glass Brick, Renovation, Scorcese
32 West 20 Street loft flies off shelf, into war, contra 31 East 21 Street loft
not enough for a speed week, but still…I had the sale of the “1,350 sq ft” Manhattan loft #8N at 32 West 20 Street on my For Posting pile since I noted last week that the deed for $1.6mm (dated…
Tagged with: 2004, 2005, Carrying Costs, Comps, Condop, East 21, Light, Maintenance, Renovation, West 20
darn 2006 flipper ate up all the profit of 15 Broad Street loft
fasten seat belt, pleaseThe story of the recent resale of the Manhattan loft #1202 at 15 Broad Street (Downtown by Starck) begins in 2006, when the loft was sold by the developer. Remember those days of froth? First buyer paid…
tired of pi**ing into the wind, 130 West 30 Street loft sellers take money, run
run far, to Jolly Olde, in factAlthough the sellers of the Manhattan loft #12C at 130 West 30 Street (the Cass Gilbert) tried to sell around $2mm in 2006 and again in the post-Lehman market into 2009 at $1.8mm, I…
Tagged with: 2004, 2006, Cass Gilbert, Hope, Light, Motivation, New Development, Resale, Shortandwide, West 30
dog bites man + 90 Franklin Street loft sells off only 6% since 2007
weren’t we just here?If it seems like only yesterday that Manhattan Loft Guy was at the 2000 Tribeca condo loft conversion Franklin Tower, 90 Franklin Street, you need to slow down. It was actually way back on June 24 that…
did the unique buyer get played in 90 Franklin Street loft sale?
unless it was the drop dead viewsWhen the “1,895 sq ft” Manhattan loft #10N at 90 Franklin Street came to market on September 13 for $2.6mm that asking price of $1,372/ft could have been considered rather … errr … aggressive,…
21 Astor Place loft sells up 21% in 2 years
smarter than he looks?When the Manhattan loft #7F at 21 Astor Place sold on May 17 for $3,915,000 it made big news not because it found a contract within 6 weeks or had been bought 25 months earlier at $3,225,000,…
11 months to sell 58 Walker Street penthouse loft at (eventually) modest discount
3rd time = charmThe Manhattan loft on the 5th floor at 58 Walker Street had been a serial non-seller until finally selling on May 5 at $2,832,500. It had not sold when offered at $3.5mm (and higher) from July through…
from fire sale in nuclear winter to +27% at 155 Hudson Street
price discovery can be hardTake a generic classically Long-and-Narrow Manhattan loft, roughly 22 feet wide, with not a lot to brag about as far as finishes, and try to sell it in two very different sets of market conditions. As…
Tagged with: 2002, 2004, Comps, Hudson, Lehman, Longandnarrow, Neighbor, One Bed Wonder, Peak, Renovation
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